Search: RITS
RBA Glossary definition for RITS
RITS – The Reserve Bank Information and Transfer System (RITS) was established in August 1991 and is operated by the Reserve Bank of Australia. RITS is Australia's Real-Time Gross Settlement (RTGS) system, which plays a central role in the Australian payments clearing and settlement system.
RITS is the means by which Exchange Settlement Accounts are accessed and membership is compulsory for all Australian-licensed banks and participants in the Reserve Bank's domestic market operations.
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Payments System Board Annual Report 2020 - Governance
14 Oct 2020
PSB Annual Report
2020
PDF
606KB
https://www.rba.gov.au/publications/annual-reports/psb/2020/pdf/governance.pdf
Reserve Bank of Australia Annual Report 2023
18 Oct 2023
RBA Annual Report
- 2023
PDF
516KB
https://www.rba.gov.au/publications/annual-reports/rba/2023/pdf/governance-and-accountability.pdf
Reserve Bank of Australia Annual Report 2020 - Our Role
14 Oct 2020
Annual Report
PDF
453KB
Service of RITS settles obligations arising from individual payments exchanged on the New Payments Platform in real time on a 24/7 basis. ... A separate area of the Bank assesses RITS against international standards for such infrastructure on an annual
https://www.rba.gov.au/publications/annual-reports/rba/2020/pdf/our-role.pdf
Reserve Bank of Australia Annual Report 2019 - Our Role
10 Feb 2020
RBA Annual Report
2019
PDF
796KB
https://www.rba.gov.au/publications/annual-reports/rba/2019/pdf/our-role.pdf
Reserve Bank of Australia Annual Report 2018 - Abbreviations
19 Sep 2018
RBA Annual Report
2018
PDF
259KB
https://www.rba.gov.au/publications/annual-reports/rba/2018/pdf/abbreviations.pdf
Reserve Bank of Australia Annual Report 2021 - Banking and Payment Services
18 Oct 2021
RBA Annual Report
2021
PDF
233KB
https://www.rba.gov.au/publications/annual-reports/rba/2021/pdf/banking-and-payment.pdf
Reserve Bank of Australia Annual Report 2017 - Abbreviations
12 Sep 2017
RBA Annual Report
2017
PDF
1457KB
https://www.rba.gov.au/publications/annual-reports/rba/2017/pdf/abbreviations.pdf
Payments System Board Annual Report 2017 - Governance
12 Sep 2017
PSB Annual Report
2017
PDF
799KB
https://www.rba.gov.au/publications/annual-reports/psb/2017/pdf/governance.pdf
Risk Management
9 Aug 2023
RBA Annual Report
- 2022
PDF
545KB
https://www.rba.gov.au/publications/annual-reports/rba/2022/pdf/risk-management.pdf
Payments System Board Annual Report 2020 - Abbreviations
14 Oct 2020
PSB Annual Report
2020
PDF
623KB
https://www.rba.gov.au/publications/annual-reports/psb/2020/pdf/abbreviations.pdf